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Retail Space
New
For Lease
$12 SF/Yr

1764 W Olive Ave, Merced, CA 95348

A former Ashley HomeStore location offers space for a new retail use.

Space Size31,180 SF
Days on Market3

Property Features for 1764 W Olive Ave

General Information

Standard status Active
Size 31,180 SF
Property subtype Retail - Street Retail

Building Details

Building Size 31,180 SF
Year Built 2003

Spaces For Lease

at 1764 W Olive Ave
1764 W Olive Ave, Merced, CA 95348 $12/SF/Yr
Size 31,180 SF
Type Power Center
Lease Type NNN
Availability Immediate
Sublease No
Renewal Option Yes
Contact us
Listing Agency: Elevate Net Lease
Listed By: Robert Michil · License #6505433330
Source: Commercialcafe
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 16 at 6:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elevate Net Lease

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Investment Insights

Based on property information with market context.

The retail space was built in 2003 and previously housed an Ashley HomeStore. The property is available for lease and may be considered for retail redevelopment.

Key Highlights

  • Built in 2003
  • Former Ashley HomeStore location
  • Available for lease

Property Analytics

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Current Use

Best Buy Electronics & Wireless Store Ashely HomeStore Appliances Home Appliance Store Ashley Store Furniture & Home Goods

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Building Supply Real Estate Agency HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

352
Businesses Nearby

Demographics for 95348, CA

35,066
Population
12,173
Households
2.9
Avg Household Size
30
Median Age
19%
College-Educated
80%
High-School Grad
59.0 sq mi
ZIP Area
594
Density / Sq Mi
$63,618
Median Household Income
$40,171
Median Earnings
$1,498
Median Rent
$352,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A former Ashley HomeStore location offers space for a new retail use.
Where is this retail space located?
The property is located at 1764 W Olive Ave Merced, CA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Built in 2003; Former Ashley HomeStore location; Available for lease
More about this property
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